Q: I will be receiving a large sum of money from pension pay out from the government upon resignation . If I do not put this in another pension fund, will be taxed heavily by sars. Is Oasis a shariah complaint fund to put my money in the pension fund. Where else do you suggest we invest the Shariah way?
Q: Kaashif is the business owner and Kamran is the investor who invested $500 and Usman is the person who refers and brought Kamran to invest in Kashif's business, and in return Kashif gives bonus 20% percent of invested money to Usman which is $50, and it does not affect on Kamran's shares and profit. So my question is that such kind of bonus or commission which is given by Kashif to Usmaan is Halaal?
Q: I have a friend who is opening a relaxing and rejuvenation spa. He has asked me to invest in it. Will the income from the spa be halaal? The therapist working there will be females.
Q: A invested R100 000 in B’s business. A told B that he is investing in his business on the condition that he receives 10% of his capital investment every month as profit. Is this type of investment permissible? If this type of investment is impermissible, how should the profit-sharing be fixed?
Q: Can we purchase stocks of some industry/organisation in the stock market, if they are not dealing in interest?
Q: Is it haraam to earn an income from organo gold? It works a lot like blessings/rewards for say teaching quraan and that knowledge being passed on and you getting rewards for that from Allah. In addition to your normal profit of buying and selling, you will get a commission from the company when you bring people on to your team and tutor them and you keep working together and then they brings others and they tutor and work together, the people do not loose money to you for this tutoring and help but the company pays you a commission for this continuous advertising and tutoring you do for others and then they do for others and so on, to keep promoting their company. Is this a haraam income?
Q: Is it haraam to invest money in the share market?
Q:
1. My question is, is investing in a commercial bank shares allowed? Halaal or haraam?
2. If someone gets dividends from investment on Banks share, can he/she make Sadqaa of this amount or can spend any charity work?
3. If someone thinks before investment in bank shares if he gets profit or dividend he/she will spend all the money for Sadqaa or any charity work. Is this situation is allowable / legal Islamic point of view?
Q: Is any income earned by way of fixed deposit or any other interest based scheme offered by government permissible for a widow or someone disabled?
Q: When I started working, I took out an educational plan for my children. However, they misinterpreted my plan for a retirement plan. Am I allowed to use the money from this retirement plan even though the intention was for an educational plan?